Metgasco LtdASX: MEL

Notification regarding unquoted securities - MEL

· MarketScreener

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Announcement Summary

only

Entity name

METGASCO LTD

Date of this announcement

Friday December 10, 2021

The +securities the subject of this notification are:

Other

use

Total number of +securities to be issued/transferred

ASX +security

code

Security description

New class - code

Unlisted Options (new class)

to be confirmed

personalFor

Refer to next page for full details of the announcement

Total number of +securities to be

issued/transferred Issue date

33,875,000 10/12/2021

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

METGASCO LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2

Registered number type

Registration number

ABN

24088196383

1.3

ASX issuer code

MEL

  1. The announcement is New announcement
  2. Date of this announcement

10/12/2021

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

For personal use only

2.1 The +securities the subject of this notification are: Other

Please specify

Options as approved by shareholders at the Annual General Meeting held on 09/12/2021

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

only

New +securities

ASX +security code

+Security description

New class - code to be confirmed

Unlisted Options (new class)

+Security type

ISIN code

Options

use

Date the +securities the subject of this notification were issued

10/12/2021

Will all the +securities issued in this class rank equally in all respects from their issue date?

personal

Yes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under

listing rule 6.1?

Yes

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being

issued.

Refer to Notice of Meeting lodged with ASX on 03/11/21

Options Details

+Security currency

Exercise price

Expiry date

AUD - Australian Dollar

AUD 0.04500000

10/12/2024

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of

company option

For

Other

Description

MEL - Fully paid ordinary share

Any other information the entity wishes to provide about the +securities the subject of this notification

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Details disclosed in Notice of Meeting issued to ASX on 03/11/2021

Issue details

only

Number of +securities

33,875,000

Were the +securities issued for a cash consideration?

use

No

Please describe the consideration being provided for the +securities

Issued to Directors and Officers as approved by shareholders at Annual General Meeting held on 09/12/21

Purpose of the issue

Other

personalFor

Additional Details

Refer to Notice of Meeting lodged with ASX on 03/11/21

Notification of Issue, Conversion or Payment up of Unquoted

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